| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| - | Particulars | NINE MONTH ENDING 31.12.2011 | NINE MONTH ENDING 31.12.2010 |
| - | - | (Rs '000) | (Rs '000) |
| 1 | Reserve for Unexpired Risk | 67354 525 | 54032 685 |
| 2 | For taxation (less advance tax paid and taxes deducted at source) | - | - |
| 3 | For proposed dividends | 0 | 0 |
| 4 | For dividend distribution tax | 0 | 0 |
| 5 | For Doubtful Loans, Investment and Debts | 2866 735 | 2292 746 |
| 6 | For Leave Encashment | 89 941 | 74 893 |
| 7 | Provision for Pension | 85 000 | 150 223 |
| 8 | Provision for Gratuity | 40 000 | 6 888 |
| 9 | Provision for Settlement | 6 660 | 7 266 |
| 10 | For Salary Arrears | 0 | 0 |
| 11 | For PLLI Arrears | 9 436 | 14 300 |
| 12 | Others (to be specified) | - | - |
| 13 | Reserve for Premium Deficiency | - | - |
| - | TOTAL | 70452 297 | 56579 001 |